Rate
Five Year6.45%
Variable Mortgage Rate
Key Details
Rate Hold | 120 Days (Apr 23) | |
Payment | $1866 (Customize) | |
Prepayments | 10% / 100% + Optional Double-Up |
Mortgage Info
Rate Hold | 120 Days (Apr 23) |
Lump Prepayments | 10% |
Payment Increase | 100% |
Double-up Payments | Yes |
Permitted Loan-to-Value | Up to 95% |
Pre-approvals | Yes |
Provider Type | Bank |
Provinces Served | National |
More Details
Minimum Mortgage | Inquire |
Max Property Value | Inquire |
Open | No |
Max Amortization | 30 Years |
On Ratespy Since | May 29, 2018 |
Rate History
Last Updated | Jul 13, 2023 |
Previous Update | -- |
Prior Rate | 6.95% |
Latest Rate Change | -0.50% |
Rate ID # | 2192 |
Payment Information
Mortgage Amount | |
Amortization (years) | |
Monthly Payments | |
All National Bank of Canada mortgage rates |
Rate History
How It Compares
- The 3rd-lowest 5-year variable rate as of December 24, 2024
Provider Notes
Please note, this is not the bank's official rate. This rate reflects RateSpy's estimate of the "discretionary rate" made available to certain well-qualified borrowers who are NOT already customers of the bank. It reflects our estimate of the bank's rate for new business, based on typical industry discounts from posted rates and intelligence we gather from mortgage advisors in the field. Such estimates are subject to error and in many cases the actual rate may be higher or lower. You must confirm the actual rate directly with the bank. The update date reflects the date that this lender's posted rate last changed. The discretionary rate you see on RateSpy may have changed after this date.
Rate Notes
Promotion offered for a limited time. The loan must be disbursed within 120 days of receiving the client's application for a mortgage loan from National Bank. The mortgage loan must have a variable rate with a closed term of 5 years. The loan must be for an owner-occupied residential dwelling with 1 to 4 units. This offer may be modified, extended or withdrawn at any time without notice. The offer may not be combined or used with any other National Bank offer, promotion or benefit. Mortgage loans are subject to credit approval by National Bank. Employees of National Bank and its entities are not eligible.
By clicking "Ask Question”, I give permission to RateSpy to transfer my information and contact details to third party brokers in order to complete the purchase of mortgage rates. RateSpy values your privacy. For details, see our privacy policy. Mortgage rates listed are subject to change at any time and apply to those with approved credit. Please contact the mortgage provider directly for more information.